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Search Results 0 to 49 of about 119 (some duplicates have been removed)
in the first place. wall street cannot be allowed to be reinstated. it drove our economy off the cliff and people tried to punish our records but they were not the ones that drove off the cliff. yet that is where the budget goes to recoup. it's time for us to have responsible regulation that makes sense. >> thank you very much >> moderator: final question i will be asking. you have three minutes to both answer the question and then make your closing remarks. mr. renacci, you talk a lot about a bipartisan group that you are a member of, 16 members, eight republicans, eight democrats, and devotee sutton you talk about reaching across the offer cash for clunkers. no single party can have all of the good ideas. i wonder what you heard from your colleagues on the other side of the all that makes sense, and what are you doing specifically to bring the governments instead of gridlock to the nation's capital? and i think we split ahead of time, and the first response, final response will go to congresswoman sutton. sutton: thanks very much for the question. i think building those relationships
, how would you describe the jobs economy and right now? guest: this is the weakest recovery we have had since world war ii. the jobs numbers each month, we have averaged around 145,000 jobs created per month this year. that is barely enough to keep up with the growth of the working age population. and it has been a somewhat brazilian recovery in that there have been a lot of fears that we would go back into recession at various times and that has not happened. the overall economy has grown roughly 2% since the recession ended in june, 2009. that is a fairly weak growth rate, particularly after the death of the recession. by many measures, this is easily the worst since the great depression corporate -- the great depression. the modest and sometimes weak growth we have had has made it very difficult for the unemployed. we have long-term unemployed, those are of work for six months or even a year, that has been a record -- at record levels. ben bernanke has long term crashes -- the prices of long- term unemployment. -- the crisis of long-term unemployment. host: let's begin with a call fr
? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that provides opportunity and jobs. mitt romney and i will not duck the tough issues. we will not blame others for the next four years. we will take responsibility. we will not try to replace our founding principles. we will reapply our founding principles. the choice is clear. the choice rests with you. we ask you for your vote. thank you. >> thank you both again. thank you very much. this concludes the vice- presidential debate. please tune in next tuesday for the second presidential debate in new york. i do hope all of you go to the polls. have a good evening. [applause] [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] [applause] , livem tonight's debate reaction for the next hour. it is just past 1:00 eastern time in the morning. we are taking your tweets. you can join us on facebook. we will get to your calls in a couple of minutes. [applause] >> as the vice president the parts, along with paul ryan and their
's market headlines a grim imf forecast for the global economy sent stocks sliding down 110 points. nasdaq was the day's biggest loser posting its largest loss since june 25th. earnings season starts off on a good foot. alcoa beat estimates on top and bottom line. shares are getting a nice pop after-hours. >>> government is filing a civil suit against wells fargo. they are accused of reckless behavior issuing federally backed loans. shares of wells fargo fell nearly 2%. >>> all right, our top story today, german chancellor angela merkel arrived in greece today and was met with massive protests. some greeks even dressed as nazis to mock the german leader that is so nice. what a great welcome. why are the greeks protesting one of the few people who might actually be able to help them escape a economic meltdown? joining me for more on this story, university of chicago proper professor charles lipscomb and former director of the congressional budget office, douglas holtz-eakin. thanks to you both for joining us. doug, what do you think of those pictures? >> i think this is a reminder that gree
. it shouldn't be an excuse for the other side to try to talk down the economy just to try to score a few political points. it's a reminder that this country's come too far to turn back now. >> so it looks like unemployment is getting better, but the truth is if the same share of people were participating in the work force today as on the day the president got elected, our unemployment rate would be around 11%. that's the real reality of what's happening out there. >> you hear mitt romney pivoting talking about the real unemployment rate at 11%, so i -- i guess that's his pivot coming off the unemployment rate yesterday. randi, why does all this matter? as you mentioned off the top, the economy by far the number one issue with americans. take a look at this, from our cnn/orc international poll. we did it about a week ago before the first debate but i don't think it will change people's perceptions. by far the economy remains the top issue on the minds of americans. it's been that way since late 2007 when the u.s. economy went into a recession, and how do americans feel about which candida
you have a job. >> jamie: given the economy is such a key issue, doug, i want to look forward to the first vice-presidential debate. without a doubt, paul ryan is a numbers guy and democrats have not even gotten a budget passed. not to mention the fact that vice-president biden is seen as making gaffe after gaffe when it comes to whether or not the last four years have been crushing for the middle class, he's had to backtrack on a couple of statements, i can't go through them all we don't have time. >> we don't have time right now. >> jamie: but what about that vice-presidential debate and what kind of difference it can make to people's thoughts about their pocket books? >> the real question that the democrats will press and certainly joe biden will press is does paul ryan and his plan for the budget represent the romney plan? we don't know. is it turning medicare into a voucher system? medicaid into a block grant? >> why does it matter, doug, as long as it makes sense? >> i'm sorry? >> why would it matter if it's also governor romney's specific plan and-- >> because that woul
in california. so why should the rest of us care? what does it say for the rest of the country and economy as a whole? >> great question. in a lot of ways california is an incubator what is going on. we have no national energy policy. as a result of that billions of dollars where there are solo panels of green energy but the average american is struggling every single day to pay their bills. if you look at the middle-class, the poor in this country, the underemployed, an extra $20 a week makes a big difference. here we have our own politicians arguing daily taxing the rich and middle-class and these dollars are getting sucked out of that wallet. >> heather: we did hear that touched on briefly in the last presidential debate. we had mitt romney and president obama talking about oil subsidies to oil companies versus green energy policies. what did you think about that argument. sometimes we get caught in minutia when we are getting away from reality the in the last four years, gas prices and oil prices nearly doubled doubled. what affect it has on our g.d.p. and ability pay our bills, to edu
this speech is about. that's the big choice that the american people have on the economy. you've got these crippling deficits, anemic jobs. you've got romney's plan to reverse that. on foreign affairs, you've got a failed foreign policy. yes, they've done more drone attacks, which is good. yes, osama bin laden is dead, which is good. but whether you deal with russia, china or throughout the broader middle east, you have a disaster. we saw that in the killing of the american ambassador in benghazi and a fundamental misunderstanding. >> i want to get to some other issues. i want to get to larger question, which is what is a romney foreign policy? what is going to be different about it than president bush's? less sort of the quote unquote freedom agenda? >> what you're going to have is a foreign policy that's been in the bipartson tradition of strength from kennedy and beyond. one that believes you need a strong economy. you need to have leadership. america's better off and the world is better off when america leads as "the washington post" editorial said today. there's a vacuum in syri
start, i want to thank the mayor for your endorsement and support. thank you both for coming. economy. the whole race is about that. we held one of our first jobs fares here because we want to connect people with jobs. when you put a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the best answer is to come and put the money in the communities. i went down there today and he did not say, thank you for coming. please take this money and bring it back to washington. he said, go back to washington and tell them they need a reality check. we are tired of the overspending and the taxing and taking more money out of the economy. there are real challenges here. i used to live here. i worked and i lived over there. i understand. many businesses are hurting right now. regulatory tax uncertainty is
into the minds of american voters how he would handle women's health issues, the economy. i couldn't say how he would pay for the $5 trillion tax cut the republicans put forward for the wealthiest americans. one of your panelists said if you read through the transcript on issue after issue, you saw vice president biden have command of the issue. you saw an empty suit when it came to paul ryan. >> let me ask about one example where there seems to be some consensus joe biden made a misstep. it was the question about libya last night. take a listen. >> we weren't told they wanted more security. we did not know they wanted more security again. by the way, at the time, we were told exactly, we said exactly what the intelligence community told us, that they knew. >> the romney campaign released this statement saying biden wrongly stated that the administration was not aware of requests for more security from our diplomatic facilities in libya, but we now know from the sworn testimony of two u.s. security officials who were stationed in libya, that there were repeated requests for more security in the
on taxes, the economy, foreign policy, if you like. share portions of the debate with those in your community. you are welcome to do that on c- span.org and book for our debate held. tomorrow, the candidates are on the campaign trail. vice president biden with joe biden will be in wisconsin at 2:45 eastern time. paul ryan will be with mitt romney in lancaster, ohio, at 5:40 p.m. both of them will be airing on c-span. right now, it is time for us to play, in its entirety, tonight's presidential visit vice- presidential debate in kentucky. -- tonight's vice presidential debate in kentucky. i am martha raddatz. i am honored to moderate this debate between the two men who have dedicated much of their lives to public service. it is divided between domestic and foreign policy issues. i will move back and forth between foreign and domestic. we will have nine different segments. at the beginning of each segment, i will ask both candidates a question and they will each have two minutes to answer. i will encourage discussion between the candidate with follow-up question. it has been determine
they provided points and issues on zingers and economy and debate decorum. >> mr. vice president, i know you're under a lot of duress to make up for lost ground but i think people would be better served if we don't keep interrupting each other. >> with regard to social security, we will not, we will not privatize it. if we listened to governor romney and congressman during the bush years, man where all those seniors would be now if there money had been in the market. their ideas are old and their ideas are bad and they eliminate the guaranty of medicare. >> here he is the problem. they got caught with their hands in the cookie jar turning medicare into a piggybank for obamacare. >> usually when there is a crisis we pull together. we pull together as a nation. as i said, even before we knew what happened to the ambassador the governor was holding a press conference, was holding a press conference. that is not presidential leadership. >> this is becoming more troubling by the day. they first blamed a youtube video. now trying to blame the rome rom ticket for making this an issue. with you shou
the united states economy. the price and economic impact would be much greater if these occurred. we hope that this paper which is a departure from the focus of most papers on the consequences of a nuclear iran or a nuclear capable iran will trigger a new discussion and enable an expanded debate on the topic. i would like to introduce michael, the foreign policy director of the bpc, a former oil analyst to boot. he directed this effort and will review some of the key findings. he will introduce our very distinguished panel. mike. >> thank you, senator. thank you everyone for coming. as the senator said, the purpose of this report is really to trigger a debate. we are not suggesting that we have all of the answers, but we wanted to introduce a new dimension to the debate about iran about preventing a nuclear iran. we are not -- focusing on the economics, we are not suggesting the economic issues should drive united states policy one way or another. but it has definitely come up in the debate. it has been raised, certainly in terms of let us say about the impact on sanctions and military, s
this administration-- >> let me tell you what the itoll as, the ayatollah sees his economy being crippled. the ayatollah sees there are 50% fewer exports of oil. he sees the currency going into the tank. he sees the economy going in a free-fall, and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. now with regard to bb he's been my friend for 39 years. the president has met with bb as much as he's spoken to anybody. just before he went to the u.n. i was in a conference call with the president-- with him talking to bb for well over an hour. and-- and-- in stark relieve, in detail of what was going on. this is a bunch of stuff. look, here's the deal-- >> what does that mean it's of a bunch of stuff. >> it's irish. >> it is. we irish call it malarkey. >> thanks for the translation. >> the irish call it malarkey. last thing, the secretary of defense has made it absolutely clear-- he didn't walk anything back. we will not allow the iranians to get a nuclear weapon. what bb held up there was when they get to the point where they can enrich urani
%. the feds fed's beige book report in the economy expanded modestly from mid august to september, the residential housing market employment consumer sppnding remaining flat. meanwhile, wholesale businesses increasing stockpiles in august, sales rising for the first time in four months, inventories and half of a percent. turning back to politics, joining us live from danville kentucky, senator ron johnson, member of the senate budget and appropriations committee. strong supporter of the governor, mitt romney. good to have you with us, senator we met harry doing? >> i'm doing great. a lot riding on this debate tomorrow night. congressman ryan, he is pretty nimble on the budget. you think that he is ready to do as well as the government that is well as president obama? >> nobody knows more about the federal budget and paul ryan does. nobody has put forward more serious proposals by paul ryan. i would expect this to be an interesting evening. he is no slouch in these things. he's going to have a real problem, the same problem the president obama had. he has a record that is almost im
situation. he leads -- romney leads obama by eight points on that. so whether it's on the economy, whether it's on leadership, he's now tied with the president. as far as leadership ability is concerned. so i think romney got everything out of that debate and more. >> he certainly did. and if you take a look at -- let me put the numbers back on the screen one more time. earlier this month before the debate, romney was behind the president, the president, 51%, romney, 43%. eight-point difference. now 49% for romney, 45% for obama, a four-point spread. that's a 12-point spread in only, what, three weeks, shall we say? and clearly the major development was his strong performs at that debate. >> you know, wolf, it just shows you that voters are still really weighing the pluses and minuses of these two candidates. what i really need to see, though, to make any judgment about how this is going to really affect the election or how it has affected voters is i need to look in the battleground states, don't you think? you need to look at the battleground state of ohio. you need to look at wisconsin.
. >> the ayatollah sees an economy being crippled. 50% fewer exports of oil. the currency is going in the tank. he sees the economy going into free-fall. he sees the world totally united in opposition. the president has met him a dozen times. he has spoken to netanyahu as much as he has spoken to anybody. just before he went to the un, i was in a conference call with the president talking for well over an hour. stark detail about what was going on. >> what does that mean? >> d.r. risk: malarkey. the secretary of defense -- the irish call is malarkey. we will not allow the iranians to get a nuclear weapon. when they get to the point where they can enrich uranium in half to put into a weapon, they do not have a weapon to put it into. but all calm down. iran is more isolated today than when we took office. it is totally isolated. i do not know what a world these guys are end. >> in spite of their opposition. they had given 20 waivers to this section. all i have to point to our results. >> can you tell the american people -- >> they are closer to being able to get another -- enough material to put it
-- >> let me tell you what the ayatollahs sees his economy being crippled. the ayatollah sees there are 50% fewer exports of oil, they see the currency going into the tank. he sees the economy going into a freeh fall and he sees the world for the first time, totally united in opposition to him getting a nuclear weapon. with regard to b.b., my friend for 49 years, the president's met with b.b. a dozen times. he has spoken to netanyahu as much as he's spoken to anybody -- i was in -- just before he went to the u.n., i was in a conference call with the president with him talking to b.b. for well over an hour. and stark relief and detail about what was going on. this is a bunch of stuff. look, here's the deal-- >> reporter: what does that mean, "a bunch of stuff"? >> he's irish. [laughter] >> we irish call it malarky. >> but last thing, the secretary of defense has made it absolutely -- you can't walk anything back. we will not allow the iranians to get a nuclear weapon. what b.b. held up there was when they get to the point where they can enrich uranium enough to put into a weapon. they don'
this administration does -- >> let me tell you what the ayatollahs sees. he sees his economy being crippled. the ayatollah sees there are 50% fewer exports of oil. he sees the currency going into the tank. he sees the economy going into a freefall. and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. with regard to netanyahu, he's been my friend for 39 years. the president has met with him a dozen times and spoken to him as much as he's spoken to nibble. i was -- just before he went to the u.n., i was in a conference call with the president, with him talking to netanyahu for well over an hour. in stark relief and detail about what was going on. this is a bunch of stuff. look, here's the deal. >> what does that mean, a bunch of stuff? >> it's simply inaccurate. >> it's irish. >> we irish call it mularkey. last thing, the secretary of defense has made it clear, we didn't walk anything back. we will not allow the iranians to get a nuclear weapon. what netanyahu held up was when they get to the point they can enrich uranium to put into a weapon.
's not a viable business. you can't have a 5% growth in employment from household businesses in an economy that's growing at about 2 tenths of a percent per month. i think what you have basically got is a lot of very high quality unemployment masquerading as home businesses. >> what are people intimating here that the books are cooked? is that possible to do? >> it's just a flawed methodology. they call you up, they ask you if you are working. you are making a couple hundred dollars a month they say i'm working. you count as much as donald trump does. he is he working too. it's a flawed methodology that doesn't know how to deal with part-time workers that are self-employed. >> so no cooking the books, just a flawed methodology. >> i would believe my mother would love me more than i would believe that the bls would cook the books for the president of the united states. >> did your mother love you. >> she loved me. >> how could she not. >> peter morris is i, thanks so much for coming. in we appreciate it. >> see you later, guys. >> we he have a lot to tell you about because the u.s. ambassador su
to cr credibility. biden: they see an economy crippled, that there's 50% fewer exports of oil. he sees the currency going into the tank. he sees the economy going in a free fall, and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. with regard to bb, he's been my phren, and the president met with him a dozen times and spoke with him as much as anybody. i was -- just before he went to the u.n., i was in a conference call with the president, with him talking to bb for well over an hour, and stark relief in what was going on. this is a bunch of stuff. >> moderator: what's that mean, "a bunch of stuff"? ryan: it's irish. biden: it is. the secretary of defense can't walk anything back. we will not alllw the iranians to get a nuclear weapon? what bb held up there was when they get to the point where they can enrich ewe rain yum enough to put in a weapon. they don't have a weapon to put it into. let's calm down a little bit here. iran is more isolated today than when we took office. it was on the asen den sigh when we took office. it's tote hi
're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is all about. it's about getting 12 million jobs, higher take home pay, getting people out of poverty into the middle class. that means going with proven pro-growth policies that we know work to get people back to work. putting ideas on the table, working with democrats, that actually works sometimes. and then -- >> vice president, could we get to that issue of what you could bring as a man, human being? i'm really going to keep you to about 15 seconds here. >> he gets 40? i get 15. >> he didn't have 40. >> let me tell you, my record stands for itself. i never say anything i don't mean. everybody knows whatever i say i do. and my whole life has been devoted to leveling the playing field for middle class people. giving them an even break. treating main street and wall street the same. holding them to the same responsibility. look at my record. it's been all about the middle class. they're the people who grow this country. we think we grow the country the middle out, not from the
to that, i think the obama campaign, they were extremely aware that they had a very very ugly economy and incumbents generally don't get reelected when these kinds of economy so i think they were -- and facts to me there would always come across as hungrier and more aggressive than the romney campaign. in almost every respect, so i think they were ready for is. >> which is what makes the debate so important. >> not the campaign. >> the campaign has been hungry. they have been aggressive. look at the advertising, really smart advertising. >> who is really running the obama campaign? is it david axelrod or is it plouffe or is it obama? is the family intervening and are they running it or who is running the campaign? >> the white house side, david plouffe was the campaign manager in a weight when they were underdogs. now the senior dicer of the white house -- what you hear is that he has pretty well the last word on most things both in the campaign and at the white house. jim messina the campaign manager in chicago runs that vast organization day today. on the romney side you have romney
, wouldn't it be nice to have a job creator in the white house? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that promotes opportunity and jobs? mitt romney and i will not duck the tough issues. and we will not blame others for the next four years. we will take responsibility and we will not try to replace our founding principles. we will reapply our founding princip principles. the choice is clear. and the choice rests with you. and we ask you for your vote. thank you. >> and thank you, both, again. thank you very much. this concludes the vice presidential debate. please tune in next tuesday for the second presidential debate at hofstra university in new york. i'm martha raddatz of abc news. i do hope all of you go to the polls. have a good evening. >> that was 90 minutes that felt like it was about nine minutes. a fast-moving intensely combative debate for the vice presidential debate this year, focused on complex substantial issues of foreign policy as much as it focused on economic and social issues, obviously they di
the ayatollahs sees. he sees his economy being crippled. the ayatollah sees there are 50% fewer exports of oil. he sees the currency going into the tank. he sees the economy going into a freefall. and he sees the world for the first time totally united in opposition to him getting a nuclear weapon. with regard to netanyahu, he's been my friend for 39 years. the president has met with him a dozen times and spoken to him as much as he's spoken to nibble. i was -- just before he went to th conrence call with the president, with m talking to netanyahu for well over an hour. in stark relief and detail about what was going on. this is a bunch of stuff. look, here's the deal -- >> what does that mean, a bunch of stuff? >> it's simply inaccurate. >> it's irish. >> we irish call it malarkey. last thing, the secretary of defense hamade iear, w didn't walk anything back. we will not allow the iranians to get a nuclear weapon. what netanyahu held up was when they get to the point they can enrich uranium to put into a weapon. they don't have a weapon to put it into. iran is more isolated today than when we
Search Results 0 to 49 of about 119 (some duplicates have been removed)